Latest news with #TimArmstrong
Yahoo
4 days ago
- Business
- Yahoo
A Sun Valley veteran gives a glimpse into the business world's most exclusive conference
The annual Allen & Co. Sun Valley conference took place this week. The summit brought together executives from all corners of the business world. We caught up with Flowcode CEO Tim Armstrong to discuss. For 16 summers in a row, Tim Armstrong has flown to Sun Valley, Idaho, following the July 4th holiday to attend the annual Allen & Co. Conference. The event brings together some of the most powerful and wealthiest leaders in media, technology, and finance. The longtime tech and advertising executive brokered one of the most famous deals to come out of the summit — the $4.4 billion sale of AOL to Verizon, which began over a casual lunch in 2014. Armstrong is now the CEO of Flowcode, a platform he founded that uses QR codes to fuel customer engagement. Business Insider caught up with Armstrong to discuss some of the hot topics of this year's conference, which kicked off on Tuesday. Artificial intelligence, unsurprisingly, was top of mind for attendees. It was the "1,000-pound gorilla" in "every conversation, every meeting," Armstrong said. "It used to be about media and technology, media and the internet," he said. "There's a third leg of the stool now: media, the internet, and AI." AI is being adopted at a much faster pace than the internet was, he said, and executives and investors swapped ideas about how to best implement the technology. Armstrong, for example, has enforced "TuesdAIs" at Flowcode. On Tuesdays, each department must focus on the technology by implementing new tools and updating processes to incorporate AI. It's "time to paddle out to the next wave," he said. "Paddle hard." Among the media set, sports dominated conversation. It's the "place that can still collect humans together in big audiences for live events," Armstrong said, adding that a similar takeaway had emerged from Cannes earlier this summer. The conference drew attendees from all over the sports world, including the NBA, NFL, and MLB commissioners, team owners like Robert Kraft and Jimmy Haslam, and entrepreneurs like Jeb Terry of venue operator Cosm. Armstrong ended the conference with a somewhat extreme sport of his own: bridge jumping in one of Idaho's many swimming holes. Read the original article on Business Insider Sign in to access your portfolio
Business Insider
4 days ago
- Business
- Business Insider
A Sun Valley veteran gives a glimpse into the business world's most exclusive conference
For 16 summers in a row, Tim Armstrong has flown to Sun Valley, Idaho, following the July 4th holiday to attend the annual Allen & Co. Conference. The event brings together some of the most powerful and wealthiest leaders in media, technology, and finance. The longtime tech and advertising executive brokered one of the most famous deals to come out of the summit — the $4.4 billion sale of AOL to Verizon, which began over a casual lunch in 2014. Armstrong is now the CEO of Flowcode, a platform he founded that uses QR codes to fuel customer engagement. Business Insider caught up with Armstrong to discuss some of the hot topics of this year's conference, which kicked off on Tuesday. Artificial intelligence, unsurprisingly, was top of mind for attendees. It was the "1,000-pound gorilla" in "every conversation, every meeting," Armstrong said. "It used to be about media and technology, media and the internet," he said. "There's a third leg of the stool now: media, the internet, and AI." AI is being adopted at a much faster pace than the internet was, he said, and executives and investors swapped ideas about how to best implement the technology. Armstrong, for example, has enforced "TuesdAIs" at Flowcode. On Tuesdays, each department must focus on the technology by implementing new tools and updating processes to incorporate AI. It's "time to paddle out to the next wave," he said. "Paddle hard." Among the media set, sports dominated conversation. It's the "place that can still collect humans together in big audiences for live events," Armstrong said, adding that a similar takeaway had emerged from Cannes earlier this summer. The conference drew attendees from all over the sports world, including the NBA, NFL, and MLB commissioners, team owners like Robert Kraft and Jimmy Haslam, and entrepreneurs like Jeb Terry of venue operator Cosm. Armstrong ended the conference with a somewhat extreme sport of his own: bridge jumping in one of Idaho's many swimming holes.
Yahoo
13-06-2025
- Business
- Yahoo
Half of MNCs plan office expansion: Knight Frank
This anticipated growth amounts to approximately 104 million sq ft of additional office space (Photo: Samuel Isaac Chua / EdgeProp Singapore) According to a report by Knight Frank, half of corporate real estate leaders plan to expand their total office footprint over the next three to five years. This anticipated growth amounts to approximately 104 million sq ft of additional office space. The findings come from the consultancy's (Y)OUR SPACE survey, drawing from responses from over 300 corporate real estate leaders representing some of the largest international corporations globally. The report found that economic and geopolitical uncertainty is a key driver behind the expansion. In response, companies are building greater optionality into their property strategies, opting for shorter leases, more flexible formats and locations that support risk diversification and access to talent. Read also: Hines, Kanakia, Mitsubishi Estate and Sumitomo Corp JV unveil landmark office project in Mumbai 'Flexibility and resilience are vital for decision-makers in the current climate,' says Tim Armstrong, partner and global head of occupier strategy and solutions at Knight Frank. 'Corporates are committing to new space but building in flexible lease terms and options on pre-lets to remain nimble.' Workstyle evolution was also a key factor for corporate real estate leaders, according to the survey. About 30% of responses cited the shift to more flexible working arrangements as a key factor guiding their real estate strategy over the next three years. Among those surveyed, only 10% expect their employees to be present in the office for five days a week. 46% expect to follow a balanced hybrid workstyle, while the next 22% plan to be 'office first', where employees are expected to be in the office for the majority of the week. In contrast, 7% of respondents expect to be 'remote first' while the remaining 4% of respondents plan to offer a 'work from anywhere' arrangement. See Also: Singapore Property for Sale & Rent, Latest Property News, Advanced Analytics Tools New Launch Condo & Landed Property in Singapore (COMPLETE list & updates) Hines, Kanakia, Mitsubishi Estate and Sumitomo Corp JV unveil landmark office project in Mumbai US tariff shifts to drive industrial real estate growth in Vietnam and Indonesia: Knight Frank New Zealand Hotel Holdings divests portfolio of hotel assets worth $554 mil En Bloc Calculator, Find Out If Your Condo Will Be The Next en-bloc HDB Resale Flats Up For Sale, Affordable Units Available
South China Morning Post
20-05-2025
- Business
- South China Morning Post
Indonesia, Vietnam industrial property demand to rise on US-China tensions: Knight Frank
Indonesia and Vietnam could see demand for manufacturing-related real estate rise by as much as 20 per cent over the next three years as global companies redirect supply chains and capital out of China, property consultancy Knight Frank said in a report published on Tuesday. Demand for industrial real estate could rise by 15 to 20 per cent in Indonesia , led by the electronics, automotive and logistics sectors, as firms seek long-term, purpose-built facilities amid a US-China tariff war. Vietnam , a major beneficiary of China-related supply chain diversification, could experience an increase in demand for industrial real estate of up to 20 per cent, the report said, 'reflecting sustained interest from international occupiers, particularly large Chinese mainland e-commerce firms seeking logistics facilities over 100,000 square metres'. Knight Frank's projections come after China and the US last week agreed to a 90-day truce on tariffs . China said it would lower duties on US imports to 10 per cent from 125 per cent, while the US would cut its tariffs to 30 per cent from 145 per cent. 'While the temporary tariff reduction provides companies with breathing room, the 'China+N' strategy has become a standard operating model rather than just a response to tariffs,' said Tim Armstrong, Knight Frank's global head of occupier strategy and solutions. The firm added that uncertainties related to corporate relocation decisions reinforced demand for short-term leases and flexible, plug-and-play logistics parks.
South China Morning Post
20-05-2025
- Business
- South China Morning Post
Indonesia, Vietnam industrial property demand to rise on US-China tensions: Knight Frank
Indonesia and Vietnam could see demand for manufacturing-related real estate rise by as much as 20 per cent over the next three years as global companies redirect supply chains and capital out of China, property consultancy Knight Frank said in a report published on Tuesday. Demand for industrial real estate could rise by 15 to 20 per cent in Indonesia , led by the electronics, automotive and logistics sectors, as firms seek long-term, purpose-built facilities amid a US-China tariff war. Vietnam , a major beneficiary of China-related supply chain diversification, could experience an increase in demand for industrial real estate of up to 20 per cent, the report said, 'reflecting sustained interest from international occupiers, particularly large Chinese mainland e-commerce firms seeking logistics facilities over 100,000 square metres'. Knight Frank's projections come after China and the US last week agreed to a 90-day truce on tariffs . China said it would lower duties on US imports to 10 per cent from 125 per cent, while the US would cut its tariffs to 30 per cent from 145 per cent. 'While the temporary tariff reduction provides companies with breathing room, the 'China+N' strategy has become a standard operating model rather than just a response to tariffs,' said Tim Armstrong, Knight Frank's global head of occupier strategy and solutions. The firm added that uncertainties related to corporate relocation decisions reinforced demand for short-term leases and flexible, plug-and-play logistics parks.
